Bahrain is moving in the right direction towards achieving the main goal of the Fiscal Balance Programme, which was launched in October 2018, to balance expenditure and revenues.
“Bahrain has launched a string of initiatives to maintain economy growth momentum, encourage investments, create rewarding jobs, boost the national economy and diversity sectors in line with the 2030 Economic Vision”, said said Finance and National Economy Minister Shaikh Sallman bin Khalifa Al-Khalifa.
He made the statement as he led Bahrain’s delegation to the Fourth Annual Arab Fiscal Forum, being held in Dubai, the UAE under the slogan: “Laying the Foundations of Good Fiscal Management in the Arab Countries". The forum is being organized by the Arab Monetary Fund, with the participation of the International Monetary Fund and the UAE Ministry of Finance.
Bahrain’s delegation also includes Central Bank of Bahrain (CBB) Governor Rasheed bin Mohammed Al-Maraj, Undersecretary for National Economy Hamad Faisal Al-Malki, Acting Assistant Undersecretary for Financial Relations and Cooperation Sami Mohammed Hameed and other senior ministry and CBB officials.